WMIH (COOP) Releases Earnings Results, Beats Estimates By $0.05 EPS
WMIH (NASDAQ:COOP) issued its earnings results on Thursday. The company reported $0.59 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.54 by $0.05, Fidelity Earnings reports. WMIH had a return on equity of 18.07% and a net margin of 229.44%.
Shares of NASDAQ COOP traded down $0.21 during mid-day trading on Friday, reaching $15.11. The company had a trading volume of 807,671 shares, compared to its average volume of 700,211. The stock has a market capitalization of $259.35 million, a price-to-earnings ratio of 125.92 and a beta of -0.63. WMIH has a 1-year low of $7.20 and a 1-year high of $20.04.
A number of equities analysts recently issued reports on COOP shares. Barclays set a $17.00 target price on WMIH and gave the stock a “sell” rating in a report on Tuesday, October 16th. Wedbush restated a “buy” rating and issued a $23.00 target price on shares of WMIH in a report on Wednesday, October 17th. Zacks Investment Research cut WMIH from a “hold” rating to a “sell” rating in a report on Tuesday, October 23rd. Finally, Piper Jaffray Companies upgraded WMIH from an “underweight” rating to a “neutral” rating in a report on Tuesday, October 30th.
Mr. Cooper Group Inc provides servicing, origination, and transaction-based services related principally to single-family residences in the United States. It offers home loan servicers focused on delivering various servicing and lending products, services, and technologies. The company provides technology and data enhanced solutions to homebuyers, home sellers, real estate agents, and mortgage companies.
Further Reading: Do You Need a Fiduciary?
Receive News & Ratings for WMIH Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WMIH and related companies with MarketBeat.com's FREE daily email newsletter.